Is Bonnie, IL 62816 a buyer’s or seller’s market?
Bonnie is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Bonnie housing market right now
In the three months ending August 31, 2026, 0% of homes in Bonnie, IL 62816 sold above their list price, the typical home went under contract in 80 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (46 days then) and the median sale price rose 162% to $146,936. Overall, Bonnie is less competitive than a year ago, which gives buyers more room.
Within Jefferson County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Mount Vernon 62864 (21% sold over asking) is even more competitive.
Run the numbers for 62816
Nearby markets
Bluford 62814 — /sq ftDix 62830Seller’s market $111 /sq ftIna 62846Buyer’s market $142 /sq ftMount Vernon 62864Seller’s market $110 /sq ft Browse all markets →Towns like Bonnie nearby
Find towns like Bonnie in other states →Where Bonnie is
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Questions about Bonnie real estate
Is Bonnie a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Bonnie, IL 62816 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bonnie?
The typical home went under contract in 80 days in the latest three months.
Do homes in Bonnie sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 85.5% of the list price.
What are property taxes in Bonnie?
About 1.70% of a home’s value a year in Jefferson County, or roughly $6,800 on a $400,000 home.
What is the median home price in Bonnie?
The median sale price was $146,936 in the three months ending August 31, 2026, about $103 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology